King Wan Construction bags S$28.4m in M&E contracts

Six contracts in past four months.

Mainboard-listed King Wan Corporation Limited (King Wan) is pleased to announce that its wholly owned subsidiary, King Wan Construction Pte Ltd (KWC) has secured six new mechanical and electrical (M&E) contracts in Singapore worth a total of S$28.4 million during the period from February to May 2013.

The six new contracts are as follows:

- Air-conditioning project for The Scotts Tower;
- Air-conditioning project for Fulcrum @ Fort Road;
- Plumbing and sanitary project for Fulcrum @ Fort Road;
- Plumbing and sanitary project for condominium housing project along Diary Farm Road;
- Plumbing and sanitary project for condominium housing project at Punggol Central;
- Plumbing and sanitary project for Punggol East C44.

King Wan said these projects will commence in 2013 and are scheduled to be completed by 2016.

Ms Chua Eng Eng, Managing Director of King Wan said: “We are very glad to secure these new contracts in the midst of a very competitive business environment. This demonstrates our strength and depth as a reputable integrated building services and M&E services provider. With these six contracts, we are delighted that to date, the Group's order book stands at S$183.6 million worth of M&E engineering contracts that will last to 2016. We shall remain focused on delivering value to our clients by providing top quality and reliable services that will exceed our customers’ expectations.